Ann: September 2015 Quarterly Report, page-101

Hi Atomic79

Here's some nice comments for you :

Overall, I'm relatively pleased with the Sep QTR report, I wasn't expecting BDR to set the stage alight but I think that we're moving in the right direction.

The October update (14000 ounces) is very encouraging and strongly indicative of a turnaround. My general thesis on BDR has always been that their problems are largely self inflicted and not indicative of any long term structural problems, it's really good to see them making some headway and getting things under control.

If they could improve on 14000 ounces monthly, continue moving dirt and benefit from potential upside in the gold price then in a year or so, we might see Blue Sky.

Regardless of the alleged price manipulation and suppression, I believe more resolutely than ever that now is the time to accumulate, one day, we'll look back on these days of sub 20 cent prices with great nostalgia.

If they back up October with a strong December QTR, pay out some debt, develop a cash buffer, sort out the milling issues, build a decent high grade stockpile, this stock will sprout wings and fly to the moon.

I'm really looking forward to the December quarterly. Sentiment is very temporary and can change very quickly.

Cheers
Ivan